L
TOTAL WRECK OF THE STEAMSHIP "BRISBANE."
THE HONGKONG TELEGRAPH-MONDAY, OCTOBER 24TH, 1881.
COMMERCIAL INTELLIGENCE.
THIS DAY, ONE P.M. ........
fostors of the now Lycoum are not to bo found here, they will come from Portugal. We regret to have to record the total and thoir passages will be defrayed out of the funds of the new institution; "that their loss of the Eastern and Australian salaries will be fully remunerative, as this
A very extensivo business has been tran snoted in Docks since we last wrote, conai- Steam Ship Company's steamor Bris is an inducement to obtain good teachers,-
dorably over a thousand shares having changed hands. Most of the transfers were bane, which left Honkong for the Col- They are to draw no less than Rs 1:00 $ onies on September 29th. A telegram building adjoining St. Joseph's is to be
or at least $1000, per annum: and a large effected at 30 per cent. premium for the end of the present month, but a large number of was received here on the
abaros were also booked at 31 for the end of 10th inst.. appropriated for the Lyonu. Now, the November. It ona hardly be sail that those announcing that the Brisbane had gno
staff of a regular Lyosum is not small.
transactions have to any considerable extent The Art. 6 of the Regulamento, says: "The restored confilones in the etdek, as offers to ashore whilst making for Port Darwin. numbers of touchers in 1st Class Lyceums sell at 31 for Ost. 31st are still heard, with- on Fish Roof just outside the Harbour
shall be thirteen, and in 2nd Class Lyceums out being responded to. The stock is un- The case was at first not considered of
fivo, besides drawing mastera.". It is evi-doubtedly firmer than it has been Intely, dent that the proposed Maono Lycoum is to although there are no indications of the a very serious character, and hopes bou 1st Class ono, as it is intended to give big rush wo hear.i so much about at the wore confidently entertained that by
the Macasasos a complete course of studies, mille of last work. Banks have been discharging a portion of the ship's veraitios or the Goa Acadomy. It may
49 a preparation for the Portuguese Uni-speculated in at 13 for the end of the year to some considerable extent, but offers cargo the vessel would ultimately also be suggested that Chinese and Mau-
to sell for cash at 110 have not been alosed with, and altogether we may safely say that bo got off without sustaining material
darin classes are indispensable, and thus the shares are not firm in the market at that damage. All efforts, however, appearing their well e smbined efforts towards the
wo shall count at least 15 tenohors direct- rate. Wo.nobad one share of the North China Insurance Company which changed to have proved of no avail, and a tele-
hands this morning at Tis. 1,125. Chinese gram was received yesterday to the
Insurances are offered at 307), but no busi- effect that the steainer was a total
ness has come under our notice, Hongkong Fires are also weaker, and wo heard this wreck. Messrs. Gibb, Livingston &
morning offers to sell at 950-1 reduction of 10 on the former quotations. Sugara are. Co, the Company's Agents at this port. have wired for further particulars
gain offered at 160, but up to the time of going to pross no business has resulted.- Other stocks remain in stata quo. which we hope to place before our
SHARES. readers in due course. We may state that the whole of the passangers have been safely landed at Port Darwin, and that in all probability the Gallerthan which is underlined to leave to-morrow for the Colonies on Foochow, will make a special call at Port Darwin to pick them up and take them on to their various destinations.
MACAO
(FROM OUR SPECIAL CORRESPONDENT.) MACAO, 20th October. Having in my last com manication shown that the Lyasuia educational system is somewhat defective hocause it w tes time on looking now,ut the economical side of the question. I find that the institution entails a serious waste of money. It may be said that money is never lost in educa- tion, since the patrimony of the mind has a far higher value than that of material' possessions; but it cannot be denied that money spent on a system of education praotionlly defective, is as much wasted as capital invested in a non-paying concern. Commercial investments are somehow or other redeemable: but time wasted in useless studies, is not, nor is money ou
oyed in them, because no real profit is reaped, no solid instruction can be gained How may parents have sacrificed their means in order to give their children & thorough mental training but have had to mourn over the utter failure of their efforts and the loss of their money! The blame is generally thrown upo: the student: but in many cases, it is the institution it: self that should be blamed
A blind con- fidence in its apparent security causes the parents to launch their children into it anticipating, a complete success, without examining the intrinsic Value of the insti- tution or the adaptability of it pro- gramme of instruction to the age or the scholastic propensities of the youth. Money ialiberally spent; but when the settling-day of examinations comes round. the pupils are found wanting, and the expenses in- curred by their parents are irretriev ably lost.
Tam speaking very generally, as every one knows tlist Lyceum education is almost gratuitous, the expenditure of the institu- tion devolving upon the Government. Still, the pupils have to contribute something towards their tuition: the cost of their boos and other nocessories, which are by no means fow, or cheap, is borne by them while their tax-paying parents are called upon to support an institution of a ques- tionable character. The only economical ...side of the Lyceum is found where economy should be banished the teachers' remuno-
ration. It is well known how wrate odly low is the teacher's salury in the Lyceum, How is a professor of Mathematics of Greek literature, or of Philosophy, to re- concile himself to a monthly income of 40 to 50 milrei. if so much, is a problem that cannot be solved unless we suppose philosophes to live on mental abstraction Whatever may be the economical advan tages of such a curtailment it certainly tends to impoverish the devotees of science to an alarming degree it dondons the stimulus for learning; it removes from the ➡ magistorial chair those who may be host qualified to occupy it, but aro not disposed
to bargain their hard oarnod ingtruction for a trilling remuneration. On the other hand, it must be admitted that with the educational as well as the industrial pro.... fessions, inofficient remuneration attracts only individuals of equivocal abilities, and cheap tuition, like cheap labour must necessarily produce unsatisfactory results.
But leaving aside these generalitics, I propced to deal directly with the proposed Macas Lyceum, in its economical point of view. There can be no doubt that this institution will absorb a large sum of money, and that every dollar it costs will be taken from the resources of a half im- poverished town. I am told that the pro-
intellectual regulation of the Holy City. estimate that about $20.000 yourly will be required to support the Lyceum, on the basis sketched above, and this estimato is not at all an exaggeration.
The pupils can contribute very little to- wards their education; at present, most of them contribute nothing at all. The burden of expenditure must therefore be borne by the Government. This seems to settle the quest on; but although the Government should be thanted for euch a stroke of liberality, one would fool inel nod to ask in the Budget, ns to guarantee a perpetuat whather there is such a margin of surplus grant of $20 000 a year, pro bono publico Maraense.
But whore is the Budget? Where is the list of the exchequer returns and expenditure of Macao? It is not known it is never published.
The gross amounts of revenus and ex- penditure are more or les-known, but a detailed account is hover published. I am not going to discuss the pros and cons. of this fact, but should think that such an expensive institution as a national Lyceum ought to rest on a solid foundation, and that it would materially affect the interests of all concerned that such, a
foundation be publicly known and appreciated.
Presuming however, that there are and will be ample fonds to support a longeval Lyceum, supposing that the institution is founded on hard rock not. on quicksand still there are reasons and facts which show that it is only a wasid-of-andney. The aim of the Lyceum is to propare young men for the higher studies. It offers a certain course of instruction to the ignorant. telling them that if they become wise aftar completing that course, they have the means of becoming wiser, by fol lowing Bigaer suutos uzrunā.
Now, oliteh
of such an offer being made to a Macao What a horizon of wisdom is youth, opened to him! yet he cannot see his way to it; he sees nothing in the way of phi- losophy that can improve his own well- being, as well as the general prosperity of his country; he touches the full realities
a pestigil life; he so round him his avmpanion's and countryman 'leading, an eminently practical life, and reaping all. its benefit; ho knows that the peculiar position of his country is such, that unless he learns to do something for himself he will be left destitute malgre his philosophy and mathematics. Consequently, he will reject the offer of superior studies, and tarn his back on the Lyceum This alɔne shows that all the money spent on the Lyceum will not be enough to engender that enthusiasm for sciences and high studies, which is the only guarantee for the success of a soientific institution
The reason why there is not în Macnó suoh an enthusiasm for high mental cul- turo, is a question easily answered. Maono has never been a repository of science; it. has boca and still is an essentially co n- marcial port. Its past prosperity was tho work of commerce; its present decay is due to a lack of, ommercial enterprise. The same causes that have produced its past welfare, will remedy its present-cviļs and brighten its future destiny. The poople of Macao are not descendants of philosophers or of scientists, but of mer- chants; and as a consequence, they have an indomitable inclination to the practical walks of life, and something like an abr horrence of speculative sciencos. In three forward one eminent man of science; bat hundred years. Maono has not brought it has counted many a princely merchant generation. All this accounts for that in days gone by, and even in the present lack of stimulus for high mental culture which the Lyceum system of education in inton led to impart, but in vain.
Hongkong and Shanghai Banking Corpo-
ration 110 por cont. premium, Sollore. Union Insurance Society of Canton-$1,650
per share. China Tradora' Insurance Company-$1,600
per share,
4
North-China Insurance Company--TI. 1,125 Yangtzo Insuranco Association-Th. 830
per share.
per share.
Chinese Insurance Company $307) per
share, sellors.
Man On Insurance Company, Limited-$26
per share premium. On Tai Insurance Company, Limited-Tis.
150 per share... Hongkong Fire Insurance Company-$950
per share, Sellers
China Fire Insurance Company-$230 per Hongkong and Whampoa Dook Company-
ebare, Sellors.
31 por cont. premium, sellers. Hongkong, Canton, and Macao Steamboat Company-$2 per share premium, Bayors.
China Coast Stearn Navigation Company-
Tls. 162 por share, Hongkong Gas Company-$85 per share. Hongkong Hotel Company-8105 per share,
Sellers.
China Suzar Refining Company, Limited-- China Sugar Refining Company (Debentures)
$160 per share.
Hongkong Ice Company-$123 per share.
-3 par cent. premium. Hongkon
aul Calan Bakery Company, Chinese Imperial Government Loan of toro -1 par cant. premium, ex interest. Chinese Imperial Government Loan of 1881
3 per cent. premium.
EXCHANGE.
Bank Bills,' at 30 days' eight On LONDON-Bank Bills, T.T.... Bank Bills, at 4 months' sight Cri lits, at mɔatha' sight Donatary Bills,
3/8
3/8
3/9
3/0p
months' sight. 8/93
4.80 223
223
On PARIS-Bank Billeron demand...... £.63
Orelits, at nabas' sight 01 BJMBLY-Bank, T.T.. JA CALOUTPA—3 μk, T.T. J1 SANA-Biak, T.I.
Private, 3) lays” sisät
**
731 .731
HONİKONG TEMPERATURE. (TAKEN AT ME3919. FALDONER AND 00.'s REGISTER, QUEEN'3-ROAD). Hongkong, 22nd and 21th Octobeć. BAROMETER-1 P.M.
..20.0.10 D3.
4 P.M. ........................ THERMOMETER-1 P...........76.
Do.
4 P.M. Do. 1. (Wet bulb)...71. Dǝ.
+ P..
Do. BAROMETER,-9 A,M. THERMOMETER-) AM.
Do. Do.
Do.
...30.078
..79.
9 AM. (Wot Bulb)...74. Maximum..........70. Minimum(over night)...76.
The special correspondent of the Daily News wires from Madrid, on the 2nd alto as follows:-The irritating question of the Spanish claims for Arab outrages in Saida has again created much animus against Franch in the Marid Press. Unfortunately, opinion in Spain had been led to believe that conditionally the claim for indemnity, the French Government admitted un- based on the Spanish charge of inca pacity and noglout against the French military authorities in Oran. Bofore King Alfonso left for the Royal tour it was even reported that France bad agreed to give 80,00 3. On the contrary, negotiations had remained suspended, both Governments being busy with their olaations, and now the French Minister has simply repeated his for mor offers of compensation after a re- ingular inquiry in Oran, but subject to a promise that Spain will examine and glaims of residents in Caba and Spain satisfy at an early date old-standing injured by vivil wars, and who are prossing the Freach venment for sutisfaction since the Suida question was opened,
In my next I shall adduce a fow facts connected with the history of instruction in Macag, revealing the attor uselessness of a grand programme of studies and the Consequent waste of
money.
How to learn all your defects?---- Quarrel with your best friend.
In our infpey we cut our teeth; our old age our tooth cut us.
combed by his mother, atid he grumbled Little Freddy was having his hair st-tho-operation Why Freidy, you oughtn't to make sucli a fuss. I don't when my hair ia combod." "Yog, bat your hair ain't hitched to your head.
SHIPPING INTELLIGENCE,
ARRIVALS. Oct. 22, TARTAR, German brig, 250, Kas- mena, Newchang 13th October, Beane.
Molchera & Co.
Oct. 23, KASSA, British bark, 312, Brown,
Whampoa 22nd October, Ballast. Oct. 23, Homow, British steamer, 895, T.
Chinose.
Shaw, Chinkiang 18th Oct., General.
Butterfield & Swiro.
Oct, 23, Veupowy, British bork, 490, R. Martin, put back, ballast.-Puston & Oo..
Oct. 23, TAKASAGO MARU, Japanese str...
1,230, C. Young, Yokohama 15th Oct.. and Kobe 18th, General-M, B. M. S. 8. Co.
Oct. 23. BREMA, German bark, 360, Timpe, Nowohwang 13th Oct., Beans,-Wie- lor & Co.
Oct. 24, ATALANTA, German steamer, 717, E. L. Ptaeff. Chofoo 18th Oct., Beans. -Siomsson & Co.
Oct. 24, DevONSHIRE, British steamer,
1,513, Porvis, Nowcastle, N.S.W., 28th September, Coal.-Russell & Co.** Oct. 24, CHINKIANO, British steamer, 797, 8. M. Orr, Shanghai 91st October, General.Siemssen & Co. Oct. 24. Yangrsze, French stenmor, 3,774,
Lormier, Marseilles 18th September, Naples 20th, Port Said 24th, Suez 25th, Adon 30th, Colombo 8th October, Galle 9th, Singapore 18th, and Sai- gon 19th, Mails and General,--Messa- geries, Maritimes & Co.
DEPARTURES.
Oot. 22, Luoy, British brigantine, for.
Whampoa.
Oct. 22, China, Gorman steamer, for Const
Porta.
Oct, 23, STOBE NORDISKE, Danish steamer,
for Shanghai. -
Oct. 29, BRUTUS, German steamer, for
Hoihow.
Oct. 23, PEARL, British bark, for Ningpo. Oct. 23, Holow, British stoainer, for
Canton,
Oct. 24, SOLWAY, British steamer, for
Whampoa.
Oct. 21, IRAQUADDY; French steamer, for
Saigon and Marseilles, &c.
PASSENGERS.
ARRIVED.
Per Takasago Maru Japanese steamer, from Yokohama and Kobe, Mr. J. Rey- mullen, and 9 Chinese."
REPORTS.
The German steamer Atalanta, from Chefoo, reports stiff N.E. monsoon since 20th inst. to port.
The German bark Brems, from New- chwang, renorts strong monsoon and high
sen
The Japanese steamer Takasago Maru, from Yokohama, &o.. reports strong N.E. winds, overcast, and continued rain throughout.
The British bark Velocity, reports put back on account of the typhoon and cop- por getting loose on the bottom.
The German brig Tartar, from Now- chwang reports:-The first part of the passage fresh North wind. The fatter part strong Northerly wind blowing in For- mosa Channel with hurricane force, and very high sea from Breaker Point; strong N.E. monsoon for the last 24 hours.
The British steamer Devonshire, from Newcastle, N.S.W., reports:-Light, va- riable airs and calms to the line which was crossed in long, 149.44 E.; from thence to lat. 19.11 N.. variable winds; "low glass and heavy rain; a typhoon was met with in the above lat, doing considerable damage to ship and boats; the rest of the voyage strong E. to N.E. winds with wet weather.
The British steamor Hoihow reports:- Loft Chinking on the 18th inst. at 9 p.m. and Woosung at noon on the 19th; an chored in Amoy Roads on the 21st at 5 p.m.; and left again on 22nd at 7 a.m. Arriving in Hongkong on the 23rd at 9.15 a. Hnd light airs and calms to Tung ting from thence to Pedro Blanco strong N.E. galo with high sea; from thence to Port moderate E.N.E. wind and misty
weather.
MAILS.
The following mails will close :- TO-DAY, 24th October-
For Bangkok, per Consolation, at 2:30 pm. For Saigon, per Nond, at 3.30
TO-MORROW, 25th October,-
p
For Foochow, Port Darwin, Thursday Island, Cooktown, Townsville, Sydney, Melbourne, Adelaide, &o, por Catter- thun, at 3.30 p.m. For Swatow, Amoy and Foochow, per Thales, at o p.m. On FRIDAY, 28th October,
For Kobe and Yokohama, per Takasago
Maru, at 3.30 p.m.
On MONDAY, 31st October,-
MacEWEN FRICKEL & Co. GENERAL STOREKEEPERS, &C. HAVE FOR SALE.
Groceries. Crosse & Blackwell's, Celebrated House- hold Storos.
John Moir & Sons', Colebrated House- hold Stores.
American Stores of all descriptions. Huntley & Palmer's BISCUITS & CAKES, BUTTER Danish & French, Philippe
& Canaud's PATES &o.,
CHUTNIES & CURRY POWDER, TEYSSONEAU'S
FRUITS in juice.
COFFEE, SUGAR, &c., &c.
Wines, Spirits, &c. CUTLER PALMER & Co.'s "CARTE BLANCHE." HEIDSIO & Co's MO- NOPOLE, pts. and qts, ADOLPHE COLLIN'S BOUZY CABINET.
MUMM'S (JULES), CHAMPAGNE
pts. and qts.
For the United Kingdom and Europe,
via Brindisi, to the Straits Settle menta, Batavia, Barmah, Ceylon, In- in, Aden, Egypt, Malta, Gibraltar, and Mauritius per Khiva: printed. matter at 2 p.m., letters at 3 p.m. On THURSDAY, 3rd November-----
For Straits and Bombay, per Avocaj at
9,80 p.m.
NEYEN'S (BODEN) BOUZY,
pts, and qts.
EXTRA SEC. quarts. Charles Heidsiecks's WHITE' SEAL, SARDIN; pts. and yts. Theophile Roe-- pts. and qts. VEUVE OLIQUOT PON-
pts. and qts. derer & Co.'s VERZENAY MOUSSEUX,
Krug's CHAMPAGNE, ptò, and qts. OUTLER PALMER & Co.'s CHAT-: EAU MOUTON, LORMONT, pints,
and quarts.
ARAUZAN (Obatonu), pints and quarts. ERMITAGE LUDON. THIBŒUF (Chateau); pints and quarts. OHATEAU LAROSE (Curcier & Adot's),
pints and quarts. CHATEAU LAFITE, pints and quarts. IRES GRAVES, piats and
quarta. BREAKFAST CLARET, pints & quarts. OLD INVALID CLARET,
St. JULIEN, &c., &o. Breakfast Claret.
Burgundy, Hock, Sherries, &c. Chambertin, Chablis (White), Liebfrau
milch, Hockheimer, Niersteiner. Stein-
berger Cabinet. Rudesheimer Berg, Koninin Victoria Berg, Chateau Yquem, Grand Vin, Haut Sauterne Marsala Saccone's
Pale Dry White Soul Sherry, Yellow Seal Amontilado Sherry. Cutler Palmer and Co.'s Shorry, Invalid Port (1848), Hunt's Port.
Brandy, Whisky, Liqueurs, &c. 1, 2 and 3-star Hennessy's Brandy, La Grande Marque Brandy, Cutler Palmer' & Co.'s Brandy, Rouyer Guillet & Co.'s Brandy, 1 to 4 stars; Finest Old Bourbon Kinahan's L Irish Whisky, Jamieson's Irish
i.
Whisky, Royal Glendes Whisky AV Gin, Swaine Boord & Co.'s Old Tom" Gin; La Grande Chartreusa, Groun and Yellow, Maraschino de Zara, Ouragoa. pints and quarta; Angostura, Boker's and Orange Bitters,
&c.
Lo..
BASS'S ALE, bottled by Cameron and Saunders, pints and quarts. GUINNESS'S STOUT, bottled by E & J. Burke, pints and quarts. PILSENER BEER, in quarts. DRAUGHT ALE and PORTER, by
the Gallon, Fine ALE, bottled by MacEwen, Frickel & Co. ALE and PORTER, in hosghends'
ااه
rated Waters.
SODA WATER,
LEMONADE.
TONIO WATER.
SARSAPARILLA,
&o., &c., &c.
The Finest Stooks of CIGARS, CAVITE CHEROOTS, PRINCESA CHEROOTS, PRINCESA CIGARS, AROUEROS, VEGUEROS,
0.
&e. "PERFECTION" All Specially Selected.
EMPRESS OF INDIA, and Best NAVY.
STATIONERY, BOOKS &c. "Franklin Square” Library,
Seaside "Library,
Harper's Half-hour Series.
French Novela.
Medical Works,
School Books.
Presentation Books..
Worka of reference &ot Stationery for Ladies and Office use... Direct from the manufacturere the bes
and Cheapest in Hongkong, Special orders in this line exouted
very moderate terms,
on
Papers ruled to any pattern and stamped
Plain, cameo or relief. Dies engraved to order. Office requisitos
of every description. Milner's Fire Proof Safes, Cash and Deed
Boxes, Brushware.
Cutlery, Orockery, and Glassware. Builder's Hardware material, Sporting Guos. Revolvers and Sporting ammunition. Sailmaking and Rigging promptly exe
outed.